Sachse Bankruptcy & Debt Lawyer, Texas

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Ted Machi
About | Practice Areas
Machi & Associates, P.C.
1521 North Cooper Street Suite 550 Arlington, TX 76011» view map
Accident & Injury, Bankruptcy, Social Secuirty
We Fight So You Don't Have To

Our professional team of attorneys and staff provide the experience and expertise needed to effectively handle your case.

800-804-0771
1. Ted Machi Arlington, TX
  Attorney at Law- TX
  Marquette University Law School, JD 1976
2. AboutMachi & Associates, P.C.
  We Fight So You Don't Have To
3. Practice AreasExpertise
  Accident & Injury Law
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Chris R. Norris

Litigation, Insurance, Credit & Debt, Bankruptcy

Status: In Good Standing

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L. Stephen Rizzieri

Banking & Finance, International Other, Construction, Consumer Bankruptcy

Status: In Good Standing Licensed: 38 Years

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Construction, Mass Torts, Litigation, Commercial Bankruptcy

Status: In Good Standing Licensed: 25 Years

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Jason Andrew Leboeuf

Bankruptcy, Criminal, Commercial Real Estate, Business, Consumer Bankruptcy

Status: In Good Standing Licensed: 23 Years

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Randolph Norman Wisener

Pension & Benefits, Child Support, Business & Trade, Bankruptcy & Debt

Status: Inactive Licensed: 37 Years

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Robert H. Nunnally

Intellectual Property, Health Care, Insurance, Business, Consumer Bankruptcy

Status: In Good Standing Licensed: 40 Years

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L. L. McBee

Insurance, Credit & Debt, Personal Injury, Elder Law

Status: In Good Standing Licensed: 45 Years

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4704 Deer Valley Ln, Richardson, TX 75082

Janet F. Resetar

Bankruptcy, Family Law, Clean Air Practice, Wills

Status: Deceased Licensed: 28 Years

CONTACT

Garland, TX 75046

800-923-0641

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LEGAL TERMS

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

FCRA

See Fair Credit Reporting Act.

FAIR CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

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Sachse Bankruptcy & Debt Lawyer, Texas

Sponsored Law Firm

Machi & Associates, P.C.

SPONSORED LAWYERS

Chris R. Norris

L. Stephen Rizzieri

Kristopher Scott Keith

Ugalahi Ugy Agbo Claire Offoboche

Edward David Saldana

Jason Andrew Leboeuf

Randolph Norman Wisener

Robert H. Nunnally

L. L. McBee

Janet F. Resetar

TIPS

LEGAL TERMS

DISPOSABLE INCOME

PRIORITY DEBT

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

CREDITOR

REPOSSESSION

ABUSE

REAFFIRMATION

FCRA

FAIR CREDIT REPORTING ACT (FCRA)

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